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Nigeria’s crude oil production remained above 1.5 million barrels per day (bpd) for the third consecutive month in July 2026 despite a decline from the previous month. The post Nigeria’s crude oil output holds above 1.5mbpd for third month despite July drop appeared first on Nairametrics .
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Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance.
Sri Lankan shares closed higher on Wednesday, led by gains in information technology and real estate stocks. The CSE All-Share index settled up 0.07% at 21,418.57.
David Kelly, JPMorgan Asset Management's chief global strategist, sees a disinflation trend in the US stemming from lower tariff costs and oil eventually flowing out of the Strait of Hormuz.
The state of the global diesel market is getting even more precarious as the Russia-Ukraine war and the Iran crisis squeeze supply from multiple angles.
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
Russia’s crude-only production lagged behind its OPEC+ quota by almost a million barrels a day in July as Ukraine attacked the nation’s oil infrastructure almost daily.